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The “Cuban Embargo” Myth

(Bloomberg) - A group of 44 former high-ranking U.S diplomats, civil servants, military officers and Cuban-American businessmen is calling on President Barack Obama to further loosen a half-century embargo on the Communist regime in Cuba.

In an open letter sent to Obama, the group, which includes former Director of National Intelligence John Negroponte, former head of the U.S. Southern Command Admiral James Stavridis and Andres Fanjul, co-owner of sugarcane producer Fanjul Corp., called on Obama to expand the roster of groups allowed to organize travel to the island, authorize import and export licenses between the two countries’ private sectors and encourage the expansion of telecommunications in Cuba by permitting the sale of hardware.

“The U.S. is finding itself increasingly isolated internationally in its Cuba policy,” the group said in the letter. “The Obama administration has an unprecedented opportunity to usher in significant progress using its executive authority at a time when public opinion on Cuba policy has shifted toward greater engagement with the Cuban people while continuing to pressure the Cuban government on human rights.”

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